Search result for 'creditworthiness'

Progcap, a fintech backed by Google and Sequoia Capital, launches ProgShakti to offer up to Rs 10 lakh collateral-free loans to women-led MSMEs, aiming to empower 10,000 businesses by FY27.

RBI Deputy Governor advises MSMEs to register on the Udyam Portal to enhance their creditworthiness and access formal finance. Learn about key steps for financial health.

IFC Managing Director Makhtar Diop met with India's Finance Minister Nirmala Sitharaman to discuss reforms in the international financial system and IFC's plans in India, including capacity...

RBI Governor Shaktikanta Das stresses on developing 'trustworthy AI' in the financial sector, addressing concerns around data privacy and ethical deployment.

India's government expands the Agricultural Infrastructure Fund (AIF) scheme to boost farm infrastructure, support farmers, and enhance food storage capacity. Learn about the key changes and impact.

NITI Aayog recommends guidelines and E-KYC for PMMY loan applicants to enhance creditworthiness assessment and background verification, ensuring loan sustainability and success.

S&P Global Ratings upgraded India's sovereign rating outlook to positive on robust growth and improved government spending, citing potential for future upgrade.

Global rating agencies view the RBI's Rs 2.1 lakh crore dividend as positive for India's fiscal metrics, but its usage will signal the new government's fiscal priorities. Learn more about the...

S&P Global Ratings says India could see improved credit rating if the government uses the record RBI dividend to reduce fiscal deficit. The dividend is a significant portion of GDP and could lead...

Fitch Ratings says Indian banks' risk appetite through loan growth will be key to their creditworthiness despite improved performance. Asset quality is improving, but concerns remain about...

India's government has directed ECGC to maintain a moratorium on insurance rates for Indian exporters, ensuring continued support amid the Red Sea crisis.

Fitch Ratings says faster fiscal deficit reduction in India doesn't significantly alter its sovereign credit profile, but emphasis on deficit reduction will stabilize debt-to-GDP ratio over the...

Finance Minister Nirmala Sitharaman calls on global rating agencies to acknowledge India's improved fiscal deficit targets, emphasizing the government's commitment to fiscal consolidation.

Housing Minister Hardeep Singh Puri stresses the need for a holistic urban ecosystem to ensure last-mile access to services, enhance operational efficiency, and integrate digital technology.